03-11-2016, 06:47 PM
Ron, I like your thinking and if I had that much to spread around I'd probably do something similar.
Obviously, you're looking at total return whereas I'm more focused on the income stream so I think you'd be better off narrowing down your choices to just 2 or 3 in each sector versus 4 or more competitors. I have around 33 positions and probably 12 more non-duplicates in the wife's portfolio. (Just a top of the head guess there.) I'll probably trim mine back a little to add to her diversification is where my head's at right now. Of course, as I told you a long time ago, I look at both portfolios in isolation rather than as an integrated entity.
IMO, once you get much above the 40-50 range, you're going to end up being your own index fund just tracking the market. I have no studies to back that up though. Either way you'll still end up with a good portfolio.
Obviously, you're looking at total return whereas I'm more focused on the income stream so I think you'd be better off narrowing down your choices to just 2 or 3 in each sector versus 4 or more competitors. I have around 33 positions and probably 12 more non-duplicates in the wife's portfolio. (Just a top of the head guess there.) I'll probably trim mine back a little to add to her diversification is where my head's at right now. Of course, as I told you a long time ago, I look at both portfolios in isolation rather than as an integrated entity.
IMO, once you get much above the 40-50 range, you're going to end up being your own index fund just tracking the market. I have no studies to back that up though. Either way you'll still end up with a good portfolio.